Forex Trading Daily Forecast EUR/USD

Forecast

Currency forecasts are based on the major currency pairs. It should be taken into consideration that they are like connected vessels. The most popular currency pair is EUR / USD. It is the most discussed, most predicted of the greatest interest. Dollar and Euro are the most popular currencies in circulation in the most global markets. Both currencies are in combination with many other currency pairs.

The movement of these currency pairs to some extent reflects the basic currency pair EUR / USD. For example, currency pair Japanese yen JPY U.S.dollar USD are of great importance.
Read more: CURRENCY FORECAST

Daily Forex forecasts. They aim to predict the daily movement of a currency pair. Such forecasting can be done on fundamental or technical basis. To make a daily forecast based on fundamental basis there must be news of great public importance and interest.

On the basis of such news is possible to predict the direction of the major currency pairs and in most cases the forecast proves correct.
Read more: DAILY FOREX FORECAST

Forex forecasts are something that everyone is probably interested in. Forecasts of monetary exchange are quite common. If you search the Internet for Forex forecasts you will certainly find many. But you should not trust them immensely, but use them as an auxiliary tool.

It is desirable to learn to use this tool very carefully and learn to extract only useful information from it. You should definitely be aware of the fact that if someone knows for sure what will happen and his predictions are mostly correct he would hardly publish them.
Read more: Forex Forecast

Forecasts that can be found on ForexTrading-EA.com are entirely based on statistics. You can also track back the history, what happened to them.

Essentially they represent forecast of the movement of the main currency pair EUR / USD over the next day. Every visitor can make a forecast for the next day. Based on assessment of forecasts made during the preceding day, the robot puts on a demo account openes at the beginning of day short or long position respectively closes it at the end of the day.